Wednesday, 6 March 2013

ALUMINIUM TREND FOR TODAY-07-March-2013



Aluminium is bearish for medium-long term .Currently Aluminium is moving sideways The oscillator is showing SELL signal and has moved down its previous low with good volume points to a negative break out . The oscillator is showing SELL signal For short term Aluminium is inSELL position and Aluminium closed below 1 week low with volume signals down breakout.Positionally Immediate support for Aluminium is 106.Resistance for the Aluminium is 108-109-111-112-

Short term and Intraday Level of ALUMINIUM

Aluminium and closed below 1 week low with volume signals down breakoutCurrently Aluminium is in HOLD SHORT position The Aluminium is in downtrend For short term buy only if close above 108.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 107.4 with a stop at 105.6 Below 105.1 go for sell
Intraday Resistance of ALUMINIUM are 107.1/107.8/111.5/114.4/119.6/122.5/128.1/133.8
Intraday Support of ALUMINIUM are 105.4/104.7/101.6/98.8/94.1/91.5/86.8/82.2

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